
Cheap Student Apartments for Rent in Champaign, IL from $300 (147 Rentals)
Student Housing Options in Champaign.
Cheap Apartments in Champaign.


Pfeffer Apartments - NOW LEASING AUGUST 2026

705 S 1st St

1001 Francis Dr

1009 S 2nd St

1008 S. 4th

410 E. Green St by Bankier Apartments

202 E. Green St by Bankier Apartments

Lancaster Apartments

906 S Locust St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Latitude | Student Housing

Burnham 310

Maywood Apartments

BRAND NEW The Station @ 505 S Fifth

Castle Property Services

Midtown Center

Legacy202

Seven07

59JOH

Smith Apartments @ 1004 South Locust
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

304 E Clark - OFFBOARD 12/18/2025

305JOH

Smith Apartments @ 201 East Armory

57 E. Springfield Ave Champaign, IL

303 E Green

506 E. White Champaign

Woodcrest

312 E White St

205 Stoughton

502 E White St
Deciding Between a Student Apartment or a Dorm?
If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.

Smith Apartments @ 58 East Armory

207 S Fifth

Clark Street Studios

205 E. Green

1106 S Euclid

306 E Clark - OFFBOARD 12/18/2025

107 E Springfield

1005 S 1st St

1002SEC

903 S Locust
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

108 S 4th St

806 S Third

Chalmers Manor

105 E John St

408 E Healey

106 E Healey

Smith Apartments @ 1106 Second

Chateau Apartments

103 E Chalmers

108 E Healey
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Champaign, IL Local Guide

How much does it cost to rent an apartment in Champaign?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Champaign Studio Apartments | $1,500 | $650 | $2,290 |
| Champaign 1 Bedroom Apartments | $1,348 | $575 | $2,280 |
| Champaign 2 Bedroom Apartments | $1,467 | $625 | $3,199 |
| Champaign 3 Bedroom Apartments | $2,012 | $575 | $3,399 |
| Champaign 4 Bedroom Apartments | $1,510 | $835 | $3,800 |
Explore Champaign
Champaign, IL Local Guide
- Champaign Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Champaign, IL
Centennial High School
Edison Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Champaign, IL Rentals by Map
See the most popular apartments and homes in Champaign, IL
Frequently Asked Questions about Cheap Champaign Apartments
What is a cheap apartment in Champaign?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Champaign is under $875.
What is the price of a cheap apartment in Champaign?
The cheapest apartment in Champaign is Twin Oaks which is listed at $800, while the average apartment in Champaign costs $1,784.
What types of apartments are the cheapest in Champaign?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 75 regular apartments in Champaign that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Champaign?
Cheap apartments in Champaign have an average cost of $1,263 which is $521 cheaper than the average rent for all rentals in Champaign.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!